Nifty PE Ratio as an Indicator of Stock Market Valuation
The Nifty Price/ Earnings Ratio or the Nifty PE ratio is almost certainly the best buy / sell indicator for anyone who believes in buying good companies at cheap valuations. The way to calculate the Nifty PE Ratio is not any different from how the PE Ratio of a stock is calculated. Nifty PE Ratio Nifty […]
Non Performing Assets (NPAs) in Public & Private Sector Banks
Public Sector Banks (PSBs) in India have performed rather poorly over the past 3-4 years. For the most part this has been on account of Non Performing Asset (NPA) related worries which have so far been brushed under the carpet. The current level of NPAs as disclosed by most public sector banks are far from […]
Tata Global Beverages Limited – Stock Analysis
Tata Global Beverages Limited (Tata Global or the Company) is a global beverages company engaged in the production and distribution of tea, coffee and water. The Company has branded beverage business operations in India, Europe, United States, Canada and Australia, plantation business in India/Sri Lanka and extraction business mainly in United States and China. The Company’s business […]
How To Prepare For The Next Stock Market Crash?
One year ago I did a detailed research on Sensex target for the year 2020 (full article here). In that research, I studied the growth of the Sensex over the last 24 years and analyzed where we could end up in the year 2020. At that time, the Price Earnings multiple for the Sensex as a whole […]
About Independent Directors in India
SEBI defines an independent director as someone who does not have any material or financial relationship with the company or its directors. They should in no way get influenced by the management and should be able to take unbiased decisions/judgments. The idea is to have a check on the decisions of the management and other directors to make sure […]
10 Bad Financial Decisions to Avoid
[1] Selling an asset ‘only’ because it is doing badly – Mutual fund holders and share holders are different when it comes to the time it takes for each category to give up on investments. Typically a fund holder will compare his returns with overall stock market returns every 2-3 years. A retail investor in the […]
How to Select the Best Stock to Buy
As an investor you may face the dilemma of selecting 1 out of 2 or 3 (or even more) stocks. This typically happens when an investor already has a diversified stock portfolio and does not want to add more than 1 new stock. While it may be tempting to add equal quantity of all 3 […]
How to Improve Business Performance?
Today’s question comes from Vijay who is the promoter of a Kolkata based company which he plans to take public over the next 3 years. His question dealt with improving business communication to reach more people. In today’s post I will talk about steps which every modern business should take to keep pace with changing […]
Types of Bank Loans in India – Interest Rates and Charges
From starting a business to purchasing a luxury car, buying a home to going on a vacation – these days you will find customized bank loans for all your needs. This creates a huge opportunity not only for banks but also for businesses selling consumers products. Banks label loans on the basis of end use of […]
Does Luck Play A Role In Stock Investing?
Courtesy of one of my well connected friends from Delhi, yesterday I got an opportunity to meet one of the most renowned astrologers in India. Legend has it that a former prime minister was a regular at his office. Before I write about my meeting, let me admit that I am somewhat of a reluctant […]